Japan's Prime Minister Shigeru Ishiba is set to present his latest policy vision during a speech to an extraordinary session of parliament.

The focus of his speech will be on a ¥13.9 trillion ($92 billion) extra budget that aims to fund a comprehensive stimulus package. This initiative is aimed at addressing economic challenges and providing support to households dealing with increasing living costs.

Ishiba is facing pressure to fulfill his commitments to boost the economy, following some early policy reversals and a mixed performance at international summits in South America. Additionally, he is preparing for the potential impact of the incoming administration of US President-elect Donald Trump on Japan's economic landscape.